What is the below line item and above line item and where
this terminology is used?
Answer Posted / lxmi1972
Below Line Items are the items which below the Profit and
Loss Account.
Above Line items are the items which are above the Profit
an Loss Appropriation Account?
Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
Plant and machinery destroyed for 50000
what is the enty for contract bill raised?
Entries to revenues accounts such as service revenues are usually?
how to get a job in stock markets for MBA-FINANCE?
How to pass an general entry for materials which are stored in warehouses??????
What is the provision?
Tell me what do you believe makes a successful account executive?
over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured
How i should sellone the mobile phone when interviewer will ask sell this phone to me?
How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.
What is dividend warrants?
What is the difference between trial balance and general ledger?
Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?
How to post salary advance transfer from one branch to another branch ?
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?